Wall Street's Rushing IPOs to Market—Here's Why

Investment banks report massive surge in underwriting fees...

Good morning,

JPMorgan, Goldman Sachs, and other major banks are reporting exploding equity underwriting fees as August IPO activity doubles the decade average.

One recent debut delivered a jaw-dropping 250% first-day gain, while another saw its valuation nearly double within hours.

Companies are "striking while the iron is hot"—but what happens when it cools? Access full story here.

-Christopher

P.S. July saw 29 IPOs raise $5.2 billion, and August is matching that pace with potential entry points emerging. You really need to read this before it's too late.